HR technology landscape and best practices

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HR TECHNOLOGY
Using Today’s Technology to Keep Up with Tomorrow

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Peter Drucker, known as the founder of modern management
said, “Today, knowledge has power. It controls access to
opportunity and advancement.”
HR technology has evolved, from the early stages of payroll
that was tied heavily to finance, to the newer landscape of
HCM which brings together payroll, human resources, and time
tracking within one cloud-based solution.
Here are some questions and answers to consider when watching
the trends around HR technology, as well as when selecting the
right solution for the small-to-midsized organization.

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What’s one HR technology that is transforming HR
departments?
Applicant-tracking, as a component of an HCM solution, is now emerging
onto the scene for small-to-midsized businesses, shaping how smaller
employers wrestle with finding better, more qualified talent, faster. Adding
new talent to any company is a demanding and expensive process as it
involves writing and posting a job description, sorting through resumes,
interviewing applicants and making a final decision.

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Don’t forget to factor in costs for an adjustment period for the new
employee. In a recent survey conducted by the Society for Human
Resource Management, the average cost-per-hire is $4,129 and the
average time to fill a given position is 42 days.
HR technology has revolutionized the way HR departments handle often-
arduous hiring processes.
Good HR software provides users with a comprehensive,
automated hiring process that cuts down on expenses.
Automated processes reduce the time HR experts would
spend on recruiting, leaving more time for other aspects
of the job.
HR professionals will also find it extremely efficient having all processes
conveniently located on one platform.

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Going forward, what areas should HR leaders be focusing their
HR tech investments on to secure the best bang for the buck?
It’s important to find an HR technology that has all your HR needs on a
single platform.
HR specialists have seen the ease and simplicity of having an all-in-
one platform that includes things like applicant tracking, payroll, time &
attendance, and benefits.

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For those wanting to take HR technology one step further...
Look for software that also offers an app so any immediate questions or
concerns can be taken care of from anywhere.

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In implementing new HR technology solutions, what are the
specific best practices HR leaders should be taking to ensure
that those implementations go smoothly and successfully?
HR leaders should take three measures to ensure a smooth, successful
transition when implementing new HR technology.
Find an all-in-one HR software that is simple for all to use.
Previously, employee information existed in separate systems requiring
exporting, importing, duplicate data entry and multiple software
applicants. This often resulted in too many logins. Some HR software
can now provide all systems on one cloud-based platform, streamlining
everything to one login that can be accessed anywhere.
Also, find a system that is easy to use for employers and employees. HR
technology is only helpful if it was designed with end-users in mind and
can be easily picked up by all parties involved.

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Choose HR software that provides white-glove service.
Not all HR technology is created equally. Select HR
software that has a professional, attentive team to support
the company during the transition. Experts from the HR
software company should be there every step of the way
until HR and the employees feel comfortable with the system. It is also
important to pick a company that remains supportive and available after
HR technology is installed.
Offer tutorials and training sessions to ensure everyone
is onboard with HR technology.
Many HR technology companies offer initial trainings for
new users but few go above and beyond to make certain
that every member is proficient in the new system. Look for companies
that provide learning centers or hands-on workshops to help HR and
employees become experts in managing HR technology and offer
continual training on updates and new products.

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www.isolvedhcm.com